Exercise 13-3 Here is financial information for Kingbird, Inc. Current assets Plant assets (net) Current liabilities Long-term liabilities Common stock, $1 par Retained earnings December 31, 2017 $110,200 403,000 102,000 126,200 134,200 150,800 December 31, 2016 $93,000 354,200 69,200 93,000 119,200 165,800 Prepare a schedule showing a horizontal analysis for 2017, using 2016 as the base year. (If amount and percentage KINGBIRD, INC. Condensed Balance Sheet December 31 Increase or (Decrease) 2017 2016 Amount Percentage Assets $110,200 $93,000 403,000 354,200 $513,200 $447,200 Current Assets Plant assets (net) Total assets